CumGuidelineAnnPrem

Description
Cumulative Guideline Annual Premium

Type : Currency

Definition
Cumulative Amount of minimum premiums paid since policy inception (used to control no-lapse provisions). This is the sum of the policy's Guideline Annual Premium. All premiums needed to pay on a level basis for all years to endow the policy based on guaranteed assumptions and 4% interest.

Parents
LifeUSA